How were Avalara's earnings last quarter?

Avalara, Inc. (NYSE:AVLR) announced its earnings results on Thursday, November, 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.04. The firm had revenue of $181.17 million for the quarter, compared to analyst estimates of $170.34 million. Avalara had a negative trailing twelve-month return on equity of 12.44% and a negative net margin of 19.76%. The business's revenue was up 41.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.13) EPS.

What is Scott McFarlane's approval rating as Avalara's CEO?

322 employees have rated Avalara Chief Executive Officer Scott McFarlane on Glassdoor.com . Scott McFarlane has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Avalara own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Avalara investors own include NVIDIA (NVDA) , Alibaba Group (BABA) , Advanced Micro Devices (AMD) , Block (SQ) , Micron Technology (MU) , Twilio (TWLO) , Roku (ROKU) , Salesforce (CRM) , Splunk (SPLK) and PayPal (PYPL) .

When did Avalara IPO?

Avalara (AVLR) raised $150 million in an IPO on Friday, June 15th 2018. The company issued 7,500,000 shares at $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan Securities and BofA Merrill Lynch served as the underwriters for the IPO and JMP Securities, KeyBanc Capital Markets and Stifel were co-managers.

Does Avalara have any subsidiaries?

The following companies are subsidiares of Avalara: 3CE Technologies, AFT France SAS, AFT Italy S.r.l., AFT Niaps SL, AFTC Fiscal Services UK Ltd., AFTC Inc., AvaFuel LLC, Avalara Brasil - Assessoria e Consultoria Tributária e Tecnológica Ltda., Avalara Canada ULC, Avalara Client Trust, Avalara EU Holdings UK Limited, Avalara Europe Ltd., Avalara FT Poland Sp. z o.o, Avalara Luxembourg S.à r.l., Avalara Technologies Private Limited, Business Licenses, Compli Beverage, CrowdReason LLC, DAVO Technologies, EDIGrid Romania, EZtax, HotSpot Tax, INPOSIA, INPOSIA Solutions France, INPOSIA Solutions Gmbh, INPOSIA Solutions Italia S.r.l., INPOSIA Turkey, Impendulo ApS, Impendulo BV, Impendulo Hellas, Impendulo Lda, Impendulo Limited, Impendulo Limited (CY), Impendulo Oy, Impendulo SARL, Indix, Portway International, TTR (Transaction Tax Resources), Taxcient, Track1099, Transaction Tax Consulting Group LLC, Transaction Tax Resources Inc., VAT Applications, VAT Applications NV, VAT House Services NV, and VATlive. Read More

NYSE:AVLR

Avalara (AVLR) Stock Price, News & Analysis

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Today's Range: $93.48
▼
$93.48
50-Day Range: $91.36
▼
$93.48
52-Week Range: $66.39
▼
$188.43

Volume: N/A
Average Volume: 2.19 million shs
Market Capitalization: $8.28 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Stock Analysis

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Avalara MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: N/A
Dividend Strength: N/A
Sustainability: -0.30
Upright™ Environmental Score
News Sentiment: 0.40
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.57) to ($1.38) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.23 out of 5 stars

Computer And Technology Sector

566th out of 582 stocks

Prepackaged Software Industry

195th out of 197 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Avalara.

N/A

Short Interest

Short Interest
There is no current short interest data available for AVLR.

0.0

Dividend Strength

Dividend Yield
Avalara does not currently pay a dividend.
Dividend Growth
Avalara does not have a long track record of dividend growth.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Avalara has received a 27.89% net impact score from Upright. Avalara seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Tax management software" and "Corporate tax consulting and preparation services" products. See details.
Environmental Sustainability
The Environmental Impact score for Avalara is -0.30.

1.1

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 3 news articles for Avalara this week, compared to 0 articles on an average week.
Search Interest
4 people have searched for AVLR on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Avalara insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.40% of the stock of Avalara is held by insiders.
Percentage Held by Institutions
90.68% of the stock of Avalara is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Avalara are expected to grow in the coming year, from ($1.57) to ($1.38) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Avalara is -52.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Avalara is -52.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Avalara has a P/B Ratio of 7.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Avalara Stock (NYSE:AVLR)

Avalara, Inc., together with its subsidiaries, provides cloud-based solutions for transaction tax compliance worldwide. The company offers a suite of compliance solutions that enable businesses to address the complexity of transaction tax compliance; process transactions in real time; produce detailed records of transaction tax determinations; and reduce errors, audit exposure, and total transaction tax compliance costs. The company's solutions include AvaTax, a solution for determining sales tax in the United States; Avalara Compliance Cloud Returns for tax return preparation, filing, and remittance; which creates, validates, stores, and manages sales tax exemption. It also provides professional services, including nexus studies and back filing services, voluntary compliance initiatives, tax registrations, reverse audits, audit defense, and specialized tax research. The company was formerly known as Advantage Solutions, Inc. and changed its name to Avalara, Inc. in December 2005. Avalara, Inc. was incorporated in 1999 and is headquartered in Seattle, Washington.

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AVLR Stock News Headlines

April 18, 2024 | bizjournals.com

Avalara promotes executive to president

April 16, 2024 | finanznachrichten.de

Avalara, Inc.: Avalara Appoints Ross Tennenbaum as President

April 19, 2024 | Crypto 101 Media (Ad)

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April 16, 2024 | msn.com

Tech Moves: Avalara names president; Microsoft vet launches AI forum; Common Room adds product leader

March 26, 2024 | finance.yahoo.com

Avalara Survey Finds Businesses Are Turning to Automation to Manage Tax on Purchases

March 22, 2024 | msn.com

Tax software firm Avalara adding 100 jobs in Durham

March 20, 2024 | tmcnet.com

MonetizeNow Announces General Availability of Tax Integrations with Avalara and Anrok

March 5, 2024 | bizjournals.com

Stack Moxie names Avalara veteran to C-suite

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

February 14, 2024 | tmcnet.com

Businesses Achieved 153% ROI with Avalara for Managing Tax Compliance According to New Total Economic Impact Study

February 13, 2024 | tmcnet.com

CRN Recognizes Meg Higgins of Avalara as 2024 CRN Channel Chief

February 5, 2024 | msn.com

Avalara survey: Brexit is costly, complex, and driving down profitability for UK businesses

January 31, 2024 | tmcnet.com

Avalara Announces Partner Program Transformation to Drive Growth and Solve Tax Compliance for Businesses

January 30, 2024 | tmcnet.com

Avalara Survey Finds Brexit is Costly, Complex, and Driving Down Profitability for UK Businesses

January 17, 2024 | tmcnet.com

Actabl Partners with Avalara to Simplify and Automate Tax Compliance and Data Management for Hotels

January 16, 2024 | investing.com

Thomson Reuters takes 54% stake in Pagero, raises buyout offer to thwart rival bids

January 16, 2024 | finance.yahoo.com

Avalara Tops G2 Grid for Sales Tax and VAT Compliance Software for 20th Quarter in a Row

January 9, 2024 | finance.yahoo.com

Avalara's 2024 Tax and Technology Predictions: Automation and Artificial Intelligence Will Augment the Tax Compliance Landscape

October 17, 2023 | finance.yahoo.com

Avalara Drives Lifetime Value for Customers with AI-Enabled Insights from Gong

October 10, 2023 | benzinga.com

IOTAP (Work 365) Enhances Invoicing Solution with Integration of Avalara's Tax Calculation Engine

October 6, 2023 | msn.com

Avalara: Majority of CFOs face significant talent shortage

October 4, 2023 | tmcnet.com

Avalara Survey Finds Majority of CFOs Face Significant Talent Shortage and Burnout of Existing Staff in the United States and United Kingdom

September 18, 2023 | finance.yahoo.com

Avalara Shares New Integrations and APIs in Advance of Avalara NEXT, Its Annual Virtual Conference for Developers

September 14, 2023 | technews.tmcnet.com

Ryan Expands Transaction Tax Practice with the Acquisition of Avalara's Sales and Use Tax Recovery Business Line

September 7, 2023 | tmcnet.com

Procede Software Partners with Avalara to Automate Tax Compliance

August 22, 2023 | finance.yahoo.com

Mast General Store Turns to Avalara and Celerant to Scale Ecommerce Business

August 15, 2023 | finance.yahoo.com

Avalara and Oracle Extend Relationship to Automate Tax Compliance for Oracle Cloud ERP Customers

See More Headlines

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Company Calendar

Last Earnings: 11/04/2021
Today: 4/19/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NYSE:AVLR
CUSIP: N/A
CIK: 1348036
Web: www.avalara.com
Phone: (206) 826-4900
Fax: N/A
Employees: 4,465
Year Founded: 2004

Profitability

EPS (Most Recent Fiscal Year): ($1.78)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-125,230,000.00
Net Margins: -19.76%
Pretax Margin: -19.03%
Return on Equity: -12.44%
Return on Assets: -4.81%

Debt

Debt-to-Equity Ratio: 0.94
Current Ratio: 3.18
Quick Ratio: 3.18

Sales & Book Value

Annual Sales: $698.98 million
Price / Sales: 11.84
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $11.81 per share
Price / Book: 7.92

Miscellaneous

Outstanding Shares: 88,558,000
Free Float: 86,433,000
Market Cap: $8.28 billion
Optionable: Optionable
Beta: 0.99

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Key Executives

Mr. Scott M. McFarlane (Age 65)
Co-Founder, Chairman & CEO
Comp: $1.23M
Mr. Amit Mathradas (Age 47)
Pres & COO
Comp: $917.1k
Mr. Ross Tennenbaum (Age 44)
Exec. VP, CFO & Treasurer
Comp: $789.72k
Ms. Alesia L. Pinney (Age 58)
Exec. VP, Chief Legal Officer & Sec.
Comp: $643.95k
Mr. Jared R. Vogt (Age 53)
Co-Founder & Member of Advisory Board
Mr. Daniel E. Manning (Age 51)
Chief Accounting Officer
Mr. Daniel Fields (Age 53)
Exec. VP & CTO
Ms. Jennifer Gianola
VP of Investor Relations
Ms. Liz Armbruester
Sr. VP of Global Compliance Operations
Mr. Greg Stivers
Sr. VP of Sales

Key Competitors

View All Competitors

AVLR Stock Analysis - Frequently Asked Questions

How were Avalara's earnings last quarter?: Avalara, Inc. (NYSE:AVLR) announced its earnings results on Thursday, November, 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.04. The firm had revenue of $181.17 million for the quarter, compared to analyst estimates of $170.34 million. Avalara had a negative trailing twelve-month return on equity of 12.44% and a negative net margin of 19.76%. The business's revenue was up 41.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.13) EPS.
What is Scott McFarlane's approval rating as Avalara's CEO?: 322 employees have rated Avalara Chief Executive Officer Scott McFarlane on Glassdoor.com. Scott McFarlane has an approval rating of 90% among the company's employees.
What other stocks do shareholders of Avalara own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Avalara investors own include NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Block (SQ), Micron Technology (MU), Twilio (TWLO), Roku (ROKU), Salesforce (CRM), Splunk (SPLK) and PayPal (PYPL).

When did Avalara IPO?: Avalara (AVLR) raised $150 million in an IPO on Friday, June 15th 2018. The company issued 7,500,000 shares at $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan Securities and BofA Merrill Lynch served as the underwriters for the IPO and JMP Securities, KeyBanc Capital Markets and Stifel were co-managers.
Does Avalara have any subsidiaries?: The following companies are subsidiares of Avalara: 3CE Technologies, AFT France SAS, AFT Italy S.r.l., AFT Niaps SL, AFTC Fiscal Services UK Ltd., AFTC Inc., AvaFuel LLC, Avalara Brasil - Assessoria e Consultoria Tributária e Tecnológica Ltda., Avalara Canada ULC, Avalara Client Trust, Avalara EU Holdings UK Limited, Avalara Europe Ltd., Avalara FT Poland Sp. z o.o, Avalara Luxembourg S.à r.l., Avalara Technologies Private Limited, Business Licenses, Compli Beverage, CrowdReason LLC, DAVO Technologies, EDIGrid Romania, EZtax, HotSpot Tax, INPOSIA, INPOSIA Solutions France, INPOSIA Solutions Gmbh, INPOSIA Solutions Italia S.r.l., INPOSIA Turkey, Impendulo ApS, Impendulo BV, Impendulo Hellas, Impendulo Lda, Impendulo Limited, Impendulo Limited (CY), Impendulo Oy, Impendulo SARL, Indix, Portway International, TTR (Transaction Tax Resources), Taxcient, Track1099, Transaction Tax Consulting Group LLC, Transaction Tax Resources Inc., VAT Applications, VAT Applications NV, VAT House Services NV, and VATlive.
Read More

This page (NYSE:AVLR) was last updated on 4/19/2024 by MarketBeat.com Staff

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Avalara (AVLR) Stock Price, News & Analysis

Avalara MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Avalara Stock (NYSE:AVLR)

AVLR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

AVLR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™